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South32 Limited (ASX:S32)

ALERT: Price-sensitive ASX Announcement for S32
Current share price for S32 : $4.060 -0.12 (-2.87%)+
Announcement
Release
22 Jan 2026 8:25AM
Price at Release
$4.180
Full Release
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Summary
The December 2025 Quarterly Report for South32 Limited highlights a stable performance with maintained production guidance across its operated assets, despite challenges such as load-shedding at the Hillside Aluminium smelter and the divestment of Cerro Matoso. Key developments include increased production and sales in several commodities, particularly manganese and alumina. Investments were focused on the Hermosa project, aiming to advance the Taylor zinc-lead-silver project and the Clark battery-grade manganese deposit. Financially, South32 received significant distributions from its equity accounted investments and continued capital returns to shareholders. Operational costs were managed effectively, keeping in line with or below guidance for most operations. Additionally, the company is progressing new infrastructure and exploration projects, including the Ambler Metals joint venture in Alaska, while facing fluctuations in commodity prices and foreign exchange rates.
Key Points
  • Production guidance maintained across operated assets.
  • Cerro Matoso divestment completed on 1 December 2025.
  • Significant investments in Hermosa project and exploration.
  • Stable financial position with strong returns to shareholders.
  • Managed operating unit costs in line with guidance.
  • Challenges from load-shedding and commodity price fluctuations.
  • Strategic focus on high-quality base metals and growth options.
  • Progress in infrastructure projects and exploration in Alaska.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.